Topic: Do not invest in bitcoin if you don't know anything about it - page 11. (Read 2501 times)
I agree that we should not invest in anything that we do not know. Investing in Bitcoin takes a lot of guts because of the high risk. We should be investing the money that we are ready to lose. Also, we must learn how the Bitcoin works and how the project works to prevent being scammed.
I agree, but still i consider this as an investment, not gamble. But every investment has it's gambling too, since we can't predict what happen in the future, not just bitcoin.
But as you say, we should act wise and don't be blind because many people say bitcoin is profitable, and make us think high about bitcoin and sure it will give us big profits. It's wrong, so don't act carelessly and sell all of your property or use all your money on bitcoin.
But still, everything's your choice. It's okay if you want to gamble everything on bitcoin, but just remember that it's high risk high gain.
But as you say, we should act wise and don't be blind because many people say bitcoin is profitable, and make us think high about bitcoin and sure it will give us big profits. It's wrong, so don't act carelessly and sell all of your property or use all your money on bitcoin.
But still, everything's your choice. It's okay if you want to gamble everything on bitcoin, but just remember that it's high risk high gain.
Basically, we don't usually jump into something that we think we will lost right away. Before putting out our hard earned money, we do a research first. However, we cannot learn everything by just researching and reading discussions in a short period of time, but we have to do it in actual. That's why it's advisable to invest an amount you are willing to lost (small amount for some) as you keep going you are learning and once you are knowledgeable enough you can invest as much as you want. Entering the crypto world is like studying a degree, too 
I really agree with this question gan. if we do not understand the bitcoin digital world. then we force ourselves to join and invest ultimately the loss and our own difficult. as an example . if the price again drops as it is now if they are less understood with bitcoin will surely panic and sell the assets they have for fear if the price added down again .
True. Most of those newbies always pretend that they know it and think that it's just like this and like that. Then afterwards, they blame crypto or themselves because they don't know that these things happen like volatility and phishing.
Bitcoin investment is considered as a professional attitude, it is quiet difficult to understand, a digital cryptocurrency.
Yes, people should understand first all about cryptocurrency, understanding how does it work, and maybe after that we can involve in participating in such investment, there is no problem in investing as long as you can able to handle it and must be wise enough in doing this business.
Yes, people should understand first all about cryptocurrency, understanding how does it work, and maybe after that we can involve in participating in such investment, there is no problem in investing as long as you can able to handle it and must be wise enough in doing this business.
It is important that before you invest in bitcoin you must learn more about how it works so that you can avoid wasting your money. If you just invest money without knowing anything, then your money could be in danger instead.
Yes we must know the bitcoin first before we invest so that we are not affected to what the other say or what the news that appear against on it because we are confident and trusting on bitcoin and we know that bitcoin can give a big profit to us in the future. Many people are entering without having a complete knowledge about bitcoin so that at the end of the day, they experiences losses because they are not ready for the possible losses that they may get when they hold it and end on selling their bitcoin. Bitcoin is a high risk investment that can loss your money but if you know anything about it you can minimize the losses but earning a big amount of profit.
Of course, that is a must. One should not invest their money or properties in bitcoin if they are not knowledgable about it. Since, it is more likely that they might end up having lossses instead of gains. That's why before investing, we should have our own researches. Read different threads in this forum. To be updated about the price and happening surrounding bitcoin. If you like to invest money or equipments, you should research first.
Investing bitcoin and cryptocurrency takes patience and guts, we all know that now prices keep falling and make many users panic so they sell even in loss condition, I suggest when you invest bitcoin then think loss and money lost so you will not panic.
It is important that before you invest in bitcoin you must learn more about how it works so that you can avoid wasting your money. If you just invest money without knowing anything, then your money could be in danger instead.
If someone who did not know about bitcoin want to invest on it should read and do some research more on bitcoin before he or she will invest on it to Avoid the waste of funds
I agree with you. Never invest to something you know nothing about. Before investing, you should do searching first and collect information. It is better to know something to prevent lost of money.That's normal that before we invest in company or bitcoin we need to make sure that we have a knowledge from it.
There are so many people victims of scam and one of the reason why they get scam is because they just invest already without knowing all about where they invested their money.
Yaa thats the true fact . Before invest your money at first you have to ensure protect your investment . if you dont know anything about investing in bitcoin dont invest your money .Try to read and study about crypto currency .
Or better say, research hardly before invest. Don't throw your money without knowing about bitcoin. Try to work for bitcoin first, in that way you will learn one by one. 
If someone who did not know about bitcoin want to invest on it should read and do some research more on bitcoin before he or she will invest on it to Avoid the waste of funds
I agree with you. Never invest to something you know nothing about. Before investing, you should do searching first and collect information. It is better to know something to prevent lost of money.
Exactly! This is not only applicable to Bitcoin but to everything in our daily lives. We should not blindly jump into anything that we don't understand 'coz it would be a failure even from the start. Having the initiative to look into things that may be of interest to us gives us an edge or will guide us in our decisions especially when it comes to investment. Do your own research as many would say. It's as simple as that.
It is easier said than done. 
Most people think like that in every aspect of life, not only bitcoin.
I say, while you re here for the money and investing, take the opportunity to educate yourself and learn a few things about a revolutionary technology like blockchain and cryptocurrencies in general.
Most people think like that in every aspect of life, not only bitcoin.
I say, while you re here for the money and investing, take the opportunity to educate yourself and learn a few things about a revolutionary technology like blockchain and cryptocurrencies in general.
Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.
I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble.
Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.
I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble.
DO NOT BUY BITCOIN AT ALL FOLLOWING THE PROPAGANDA AND FOMO. THAT IS HOW THEY PUMP THE COIN, AND IT DROPS BECAUSE THE "EARLY ADOPTERS" ARE SELLING MAKING PROFIT WITH YOUR MONEY.
If someone who did not know about bitcoin want to invest on it should read and do some research more on bitcoin before he or she will invest on it to Avoid the waste of funds
I agree with you even though this time bitcoin is a virtual currency that has a very high asset value but do not let it make us think to spend everything just to make an investment on bitcoin. and I think a very specific study of bitcoin is of course very necessary before starting an investment in bitcoin so that we will not get any losses on investments made blindly to bitcoin.
Those who are in business for so long know already how to make their decision in investing. Some of them are very cautious in investing but some of them are risk takers. Investors or businessmen have different approach and character in making some investments. But, for me who is a beginner in this crypto world needs so many research and knowledge about Bitcoin before investing into it.
I do not think that there is anything special or complex thing that we have to learn.If anybody wants to invest in bitcoin then he/she have to just know that we have to brought bitcoin when it's prive is low and sold them when the price is high.That's it.I think this knowledge is enough to invest in bitcoin.
That's not enough. Most people find bitcoin easy like that, buy it at a low price, sell at a high price. Then how the right moment really happened? What if the price goes down? Well, that's the importance of market analysis, plus news and rumors, it's all to be understood because it's interrelated. So, all the risks must also be learned, do not just be tempted by big profits. Jump to: